Teachers' Co-operative Bank

Service Charges

Notice

Revised charges with effect from 06.08.2021

A - Stationery Charges - For Applications

#	Particulars	Amount Rs.
1	'A' Class Membership Application	0.00
2	Surety Loan Application	250.00
3	Emergency Loan Application	150.00
4	Vehicle Loan Application	300.00
5	Jewel Loan Application	100.00
6	Housing Loan Application	500.00
7	Nominal Membership Application ( 'B' Class)	150.00
8	Nominal member Emergency Loan Application	150.00
9	Mortgage Loan Application	600.00
10	To Change of Nomination	25.00
11	Quick Loan Application	200.00

A - Stationery Charges - For issue of Duplicate Pass Book/Identity Card

#	Particulars	Amount Rs.
1	Savings Bank	500.00
2	Recurring Deposit	500.00
3	Loan Pass Book	100.00
4	Membership Identity Card (duplicate)	200.00

A - Stationery Charges - For Ledger Sheet/Certificate

B - Service Charges

#	Particulars	Amount Rs.
1	Surety and Emergency Loan	0.50% (with a minimum of 100.00 no ceiling)
2	N.M.S.L./N.M.E.L.	1.5% of the Loan Amount
3	Madhu sanchaya Loan	20.00
4	Closing of S.B. within 1 year - Without Cheque Book	150.00
5	Closing of S.B. within 1 year - With Cheque Book	250.00
6	For Current Account (maintainance charge)	150.00 once in 6 months
7	Vehicle, Housing, Jewel,Other Mortgage Loans - Members	0.50% (with a minimum of 100.00 no ceiling)
8	Vehicle, Housing, Jewel, Mortgage Loans - Others	1.25%(with a minimum of 100.00 no ceiling)
9	Appraiser Fees	0.30%
10	Quick Loan	1.5% of the loan amount

C - Postage Charges

#	Particulars	Amount Rs.
1	Demand List	25.00
2	a) Default Notice Ordinary	200.00
3	b) Default Notice Registered	300.00
4	c) For Final Notice(Registered post)	500.00

H. S.B./ C/A Minimum Balance

#	Particulars	Amount Rs.
1	S.B.without Cheque Book	500.00
2	S.B.with Cheque Book	1000.00
3	Current Account	2000.00
4	SB with ATM card	1000.00
5	Cahrges for minimum balance not maintained	50.00/Half yearly

I - Cheque Return Charges

#	Particulars	Amount Rs.
1	For Savings Bank	100.00 or 1 % of the cheque amount whichever is high with a maximum of 500.00 (+GST)
2	For Current & Overdrafts	100.00 or 1 % of the cheque amount whichever is high with a maximum of 500.00 (+GST)
3	a. If cheques given for collection returned For Savings Bank	150.00 (+GST)
4	b. If cheques given for collection returned For Current & Overdrafts	150.00 (+GST)
5	NACH return charges	500.00 (+GST)

J - Cheque Book Charges

#	Particulars	Amount Rs.
1	CTS cheque for savings Bank (First 10 leaf book free)	2.00 per leaf
2	Current Account Cheques (First 10 leaf book free)	4.00 per leaf

K. Others

#	Particulars	Amount Rs.
1	Bye-Law copy charges	300.00
2	Share fees per share (only at the time of admission)	10.00
3	Entrance fees	25.00
4	Share transfer fees	10.00 per share maximum 100.00
5	Members address list	Per page 10.00

L. Locker Rent

NEFT/RTGS

General Manager